question 37
Multiple Choice
Nappon Co. has two products named X and Y. The firm had the following master budget for the year just completed: Sales Variable Costs Contribution Margin Fixed costs Operating Income (Loss) Selling Price per unit Product X $260,000156.000$104,000130,000$(26,000) $130.00 Product Y $360,000180,000$180,000108,000$72,000$60.00 Total $620,000336,000$284,000238,000$46,000
The following actual operating results were reported after the year was over:
Sales Variable Costs Contribution Margin Fixed costs Operating Income (Loss) Units Sold Product X $202,500117.000$85,500140,000$(54,500) 1,500 Product Y $467,500212,500$255,000108,000$147,0008,500 Total $670,000329,500$340,500248,000$92,500 The sales quantity variance for Product Y is:
Definitions:
Moral Standards
Principles or norms of behavior that distinguish between acceptable and unacceptable actions, often based on societal or personal beliefs.
Sustainability Message
A communication strategy that emphasizes the importance of maintaining ecological and environmental balance, and promoting long-term environmental health and prosperity.
Organizational Responsibility
Refers to the ethical and societal duty of a company or organization to act in the best interests of their employees, stakeholders, and the community, often encompassing environmental stewardship and social responsibility.
GSTC
The Global Sustainable Tourism Council, which establishes and manages global standards for sustainable travel and tourism.